Loan Officer Salary in Waterbury, Connecticut
The median loan officer salary in Waterbury, CT is $69,684 per year, which is 6.0% above the national median and 11.7% below the Connecticut state average.
Loan Officer Pay in Waterbury: What to Expect (2026)
Waterbury offers a median loan officer salary of $69,684, which is $9,204 below the Connecticut state average of $78,888. Compared to the national median of $65,740, Waterbury pays above average for this role.
Waterbury's cost of living is 98% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.
The salary range for loan officers in Waterbury spans from $37,312 at the 10th percentile to $163,028 at the 90th percentile — a $125,716 spread. Entry-level professionals start around $40,280, while senior loan officers with 8+ years of experience can earn up to $137,800. With a population of 114,403, Waterbury is a mid-sized metro with a growing job market.
Loan Officer Salary in Waterbury by Experience
In Waterbury, an entry-level loan officer earns around $40,280, while experienced professionals earn up to $137,800 per year. The local cost of living index is 98% of the national average.
Salary Percentiles in Waterbury, CT
| Percentile | Waterbury |
|---|---|
| 10th Percentile | $37,312 |
| 25th Percentile | $48,124 |
| Median (50th) | $69,684 |
| 75th Percentile | $106,000 |
| 90th Percentile | $163,028 |
Loan Officer Salary in Other Connecticut Cities
How to Become a Loan Officer in Waterbury
Education
Most loan officer positions require a bachelor's degree. Waterbury and the surrounding Connecticut area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, loan officer employment is projected to grow 3% over the next decade (as fast as average). Demand in Waterbury may vary based on local industry and population growth.
Find Loan Officer Jobs in Waterbury
Browse open loan officer positions in Waterbury, CT: